Community Well

Analysis

Community Well is a registered charity in United States, based in El Paso, IL. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Well reported income of $314k and spending of $80k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $314k (+272%), an average of +272% a year. The sharpest change came in the year to December 2023, when income rose by 272%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Well sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Copiague Christian Church ($314k), Rohingya American Society Inc ($314k) and Indochinese Culture Center ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $454k against liabilities of $3,972, net assets of $450k.